In Focus

China to tackle renminbi convertibility

Deregulation also necessary to carry out financial reforms.

Thai banks urged to tone down advertisements

Unduly influencing the public to borrow.

Bad loans threaten China’s recovery

A tsunami of bad loans could sink many Chinese banks.

Big Four have a bad year

The Big Four could see profitability plunge to 5%.

StanChart set for another good year

Operating profit grew less than 10%, however.

Hong Kong banks to suffer from profit decline post QE3

Banks will struggle to write new mortgages to offset an annual repayment rate of ~15%.

China banks' loan growth on track to meet the RMB8.5tn target for 2012

Total new RMB loans reached RMB6.72tn in the first nine months of 2012.